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For the last 10 years, the oil industry in Iraq has been under intense pressure from jihadist insurgents and many leading oil producers were force to pull out of the region because of fears of safety for their workers, and the locals that lived in the areas according to Energy in Asia.

However, things have begun to change in the South of Iraq, especially in the oil-rich fields of North Rumaila which,…

In researching this subject, I discovered a January 16, 2011 article featured in OilOnLine which provides an interesting alternative to conventional fracking techniques. Virginia based PDN Mountaineer, LLC announded that they have partnered with Utah based Purestream Technology in incorporating their Trilogy system to treat and purify wastewater from their Marcellus operations. Purestream claims to be able to alleviate the environmental impact of hydraulic fracturing by…

The Trenton Limestone and accompanying Black River rocks are important in that they serve as the source for much or all hydrocarbon formation in the Appalachian basin. Generally speaking, the Trenton Limestone serves as a cap rock for the underlying Black River source rocks. Because it is not as thick here in Ohio, it has allowed hydrocarbons formed by the Black River group to migrate naturally into the Utica/Pt. Pleasant. To the East, in West Virginia…

Has Antero tried to low ball anyone by offering to pay royalties based on net production instead of gross production even though the contract clearly states that payment is to be made based on gross production

Column: Saudi Arabia and New Mexico: oil price threa…

*Oil, Gas and Natural Gas Liquids are sold well below market value to Affiliate (Chesapeake Energy) then a royalty is paid. The product is then sold on open market for a fair market price. An investigation will show that all royalty paying sales by CHK are by the same route, a bogus sale. The Royalty Statement admits to this activity which fits the definition of Theft By Deception per Ohio Revised Code.

*Natural Gas is used by Chesapeake free of charge as stated on Royalty statement.… Continue

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"My guess is that they would willingly take on other partners but they aren't so easy to find at the moment. It appears to be a buyers market so JV partners can be picky to which assets they acquire. It was a small cash infusion,…"

"I have signed four leases and have always been paid well within three months of signing (Phillips, Rex and XTO, Butler County, PA). Those were better times however.
My understanding is that the lease is effective when signed HOWEVER, the…"

"I have set for myself a price I will sell at; it is a large enough sum to set myself up well for the future - short of that, I will keep the mineral rights and lease as possible (they are currently unleased). I recognize if I sell the mineral rights…"

Hello All, Just curious as to when a lease goes into effect after it is signed. Short story; my family signed three leases in November (SWPA) and were told in February that the titles were still being investigated. I checked on uslandrecords…See More

"The worst of the worst are already getting killed. The companies that cannot meet their heavy debt service obligations will eventually go under, but it may very well take another three or four quarters for that to start happening. "

"Here is my experience when it comes to selling minerals. The price qouted for minerals these days, about the best or highest offers I've seen, gernerally land near the 10k to 15k per arce price for unleased land. That is in a depressed market…"

"Does this mean more drilling for Moraine East and the Butler Operated Area? What are your opinions concerning HBP vs letting old SWEPI leases expire and re-leasing under worse terms? Is this the end or only the beginning of Rex securing JV's in…"

"I found out recently that someone I talked to who presented himself to me as a mineral buyer was actually a mineral broker; when I didn't sign an options contract, he shopped my property around to other buyers without telling me. He claims to…"

"The law applies to Dormant mineral rights - those that have been abandoned; if proper notice is given, then long ago owners, or more likely their descendants, have the opportunity to claim the rights, so it isn't the taking of property, but the…"

"I agree with Dexter. Many of these companies have already lost tremendous value in terms of asset write downs and share price. Though bottom fishing is difficult to do, there may very well be substantial money to be made by investing in the…"

"I just learned fromm a local attorney that some of the landowners on whose land the interstate sit, granted an easement for the road, not the surrender of ownership. If the highway would ever be moved, the land reverts back to their use. I guess the…"

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What makes this site so great? Well, I think it's the fact that, quite frankly, we all have a lot at stake in this thing they call shale. But beyond that, this site is made up of individuals who have worked hard for that little yard we call home. Or, that farm on which blood, sweat and tears have fallen.[ Read More ]